Presentation on Sandstone Gold Project
Perth, Mar 22, 2017 AEST (ABN Newswire) - Alto Metals Ltd (
ASX:AME) is pleased to provide the Company's latest Presentation on Sandstone Gold Project.
Alto Metals Ltd - Investment Case
- Company moved from U explorer to brownfields Au explorer in 2016
- Acquisition of 100% of Sandstone Gold Project in Western Australia
- Company holds ~85% of under-explored Sandstone Greenstone Belt
- Mineral Resources: 3.58 Mt @ 2.0 g/t Au (228,400oz) JORC 2004
- Tight capital structure: 151.9m shares on issue
- Well funded for aggressive drilling program in 2017
- Cash in bank plus liquid assets of $2.7 million
Vision & Strategy
VISION
Discover GOLD resources at Sandstone to support a profitable mining operation of at least 100,000 oz per annum over a 7 - 10 year mine life
STRATEGY
Stage 1: Drill testing of known oxide gold targets and new conceptual targets to establish new oxide resources, a pathway to discovery of new primary high grade gold systems
Stage 2: Drill testing for extensions to known deposits and new oxide resources from Stage 1 Eg: Lord Henry, Lord Nelson, Bulchina, Oroya, Bull Oak, Hacks
To view the full presentation, please visit:
http://abnnewswire.net/lnk/7IRQ5OM8
About Alto Metals Ltd
Alto Metals Limited (ASX:AME) is a Western Australian based company and is focused on gold and uranium exploration in Australia. The Company's primary objective is to create shareholder wealth through discovery and development of a plus 1 million ounce gold deposit and ISR style uranium deposits.
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